Statement on MoneroV fork

HitBTC supports Monero fork at the block #1564965. Every account holding XMR at the moment of the fork will be credited with x10 MoneroV (XMV) after the fork is completed, which, according to the MoneroV official website, is ‘a few days after a fork is finalised’. In other words, if you hold 1 Monero coin (XMR) prior to the fork, you will own 10 MoneroV (XMV) after the fork.

The total amount of the XMV coins issued is 256 million. The initial coin amount in circulation at the time of the hard-fork would be 10 times the amount of XMR coins ( ~158 Million).

MoneroV is a community-led project designed to create a limited supply of the Monero cryptocurrency on a new scalable blockchain algorithm. MoneroV will implement new protocols aimed to solve the scaling problems of Monero and some other cryptocurrencies and achieve security and reliability enabled by a p2p blockchain transaction consensus.